Port News & Information Mediterranean, Black & Caspian Seas

Ship insurers are cancelling war risk cover for Russia, Ukraine and Belarus

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Vienna, Austria (PortSEurope) December 28, 2022 – 12 of the 13 members of the International Group of P&I Clubs will no longer secure reinsurance for war risk exposure to Russian, Ukrainian or Belarus territorial risks as of January 1, 2023. Risks such as collisions and oil spills will not be covered by clubs, which are…

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